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May 23, 2013
05/13
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CNBC
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if the economy is getting stronger. >> who is wagging who? just to go back to what is happening with china and japan? who is wagging who? >> japan was up 1.5%. the chart is really -- simon printed the chart off for me. >> for me it makes little sense. mandy you live in japan. you speak japanese. i used to work for a japanese bank. >> my father served in japan. >> the japanese economy is set to grow 3.5% this year. this is a country if you know their population and their citizen rate they will do what it takes to save their nation. if they are told to spend, i believe they will do it. >> how long is the japanese economy being like this? >> i agree. and the demographic profile is about as bad as it gets anywhere in the world. at some point that rolls over. at the same point, 3.5% growth. a printing press that makes ben bernanke look like a small time counterfeiter. >> i have a place in brooklyn. toyota is going to have better numbers. >> did you hear what meg is worried about? worried about japanese companies? >> then again you get someone like
if the economy is getting stronger. >> who is wagging who? just to go back to what is happening with china and japan? who is wagging who? >> japan was up 1.5%. the chart is really -- simon printed the chart off for me. >> for me it makes little sense. mandy you live in japan. you speak japanese. i used to work for a japanese bank. >> my father served in japan. >> the japanese economy is set to grow 3.5% this year. this is a country if you know their population and...
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Nov 15, 2013
11/13
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KCSM
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knowing portal to play not just a function of the overall economy but also in how investors choose to park their money. a growing number of investors who want to put their money to work in a more socially responsible way. for wall street though this is another business opportunity a way to profit from those investors who now have one hand on their wallets and another hand on their hearts three feet and a cctv new york. it was shot to come to the end of this edition cctv names on the between beijing and foliage the new do. leung move along. tuesdays is a little bit lost in since we don't really have. her records going back thousands of years. you know something about chinese culture and one it used to it. synergy of chinese martial arts techniques chinese from the coherence and useful arts the new and one the techniques. i'd be interested. is that we're not just about learning. now it's clear they're interested in we were. internally. what energizes us but it's still what is this. peace on it but consistently and the suspect it will begin woo hoo hoo. is. when e will the ir
knowing portal to play not just a function of the overall economy but also in how investors choose to park their money. a growing number of investors who want to put their money to work in a more socially responsible way. for wall street though this is another business opportunity a way to profit from those investors who now have one hand on their wallets and another hand on their hearts three feet and a cctv new york. it was shot to come to the end of this edition cctv names on the between...
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Dec 5, 2013
12/13
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BLOOMBERG
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the economy is stronger and improving. loweringhy people are the forecasts. a lot people are saying the same things and the volatility is down. the central banks are in the markets aggressively. whether or not that will last all of 2014 is a question. months?or the first six >> more likely than not. the economy will pick up stream -- steam and volatility is something that people are starting to think about whether or not that is appropriate. >> we will take a short break and continue our conversation with the head of markets research. manus cranny will give us an update in two minutes. in london, this is on the move. we are streaming on bloomberg.com and your tablet phone. francisco who is the head at goldman sachs. we're talking about 2014 and the terms. you talked about the trades. the second one that you are saying is in u.s. treasuries. >> we are recommending it to be short against european curves. the content is part of that is the federal reserve. if you look at the cross-section of interest rates, they are not where they should be, in relation to the m
the economy is stronger and improving. loweringhy people are the forecasts. a lot people are saying the same things and the volatility is down. the central banks are in the markets aggressively. whether or not that will last all of 2014 is a question. months?or the first six >> more likely than not. the economy will pick up stream -- steam and volatility is something that people are starting to think about whether or not that is appropriate. >> we will take a short break and...
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Jul 24, 2013
07/13
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KRCB
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when wealth concentrates at the very top it can inflate stable bubbles that threaten the economy. >> this is a first in speeches the president will be making about his vision for the economy, and leading up to what some expect will be a major political showdown over the debt ceiling debate this fall. republican ps as are paying attention. >> americans aren't asking where are the speeches, they are asking where are the jobs. >>> a new report suggestions the pace of the housing market is strong. it rose 8.3%, the fastest rate in five years and for the first time in two and a half months, the rate of a 30 year fixed rate mortgage fell averaging 4.58% according to the mortgage bankers association. but last week's rate decline however modest did not boost demand for mortgages as applications fell. >> for all those troubled homeowners that received help through the government's foreclosure prevention program, many are defaulting again a. report from the watchdog says 46% of homeowners who received loan modifications are unable to make the current payment. the program was launched in 2009 i
when wealth concentrates at the very top it can inflate stable bubbles that threaten the economy. >> this is a first in speeches the president will be making about his vision for the economy, and leading up to what some expect will be a major political showdown over the debt ceiling debate this fall. republican ps as are paying attention. >> americans aren't asking where are the speeches, they are asking where are the jobs. >>> a new report suggestions the pace of the...
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economy according to frankie boyle by the way look at this photo of him this is a him looking much like the duchess of cambridge before she got the total of the baby my god these kids are obese what do they feel you. should be ashamed of yourself look at that fat baby oh my god how did you pass that through a little you. mr urban. no that was larry summers the macro does larry summers and this billion dollar bad bet was that during the financial crisis harvard lost nearly one billion dollars because of some unusual and ill judged interest rate swaps that summers implemented and the early two thousand during the troubled tenure as the university's president so what he had done max is he had thrown his lot behind some fake derivatives basically the same sort of derivatives that have blown up greece italy jefferson county alabama and now at detroit interest rate swaps allow bar was to lock in a fixed interest rate on. floating rate debt which can be good to hedge against short term uncertainty the problem with harvard was that summers wanted to lock in interest rates for money that the uni
economy according to frankie boyle by the way look at this photo of him this is a him looking much like the duchess of cambridge before she got the total of the baby my god these kids are obese what do they feel you. should be ashamed of yourself look at that fat baby oh my god how did you pass that through a little you. mr urban. no that was larry summers the macro does larry summers and this billion dollar bad bet was that during the financial crisis harvard lost nearly one billion dollars...
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find out what's really happening to the global economy with mikes concert for a no holds barred look at the global financial headlines tune in to kaiser report. last week chairman bernanke he made an interesting confession at a senate hearing he told lawmakers that he doesn't understand the price of gold. nobody really understands gold prices and i don't pretend to really understand him either. then as senator warren pointed out secretary lew made and just in common as well as a panel discussion in new york last week he said if we get to the end of this year and we cannot with an honest straight face that we have ended too thick to fail we are going to have to look at other options what is the means by an honest straight face and this is our treasury secretary what other phase would he use his poker face as an admission that he lied to the public before we actually found an obscure photo taken of secretary lewis at his senate confirmation and lucky crossed his fingers behind his back when he took the oath of office. i'm just kidding but really to me this statement was shocking just a
find out what's really happening to the global economy with mikes concert for a no holds barred look at the global financial headlines tune in to kaiser report. last week chairman bernanke he made an interesting confession at a senate hearing he told lawmakers that he doesn't understand the price of gold. nobody really understands gold prices and i don't pretend to really understand him either. then as senator warren pointed out secretary lew made and just in common as well as a panel...
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Jul 17, 2013
07/13
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KICU
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traders will closely listen to his testimony to congress on the economy. they are seeking clues as to when the fed will taper its bond-buying program that's been stimulating the economy. stocks sink ahead of the fed testimony. the dow lost 32 points, the nasdaq 8, and the s&p dropped 7. gold edged up $8 and oil slid 35 cents. yahoo is sending out a mixed message. the tech company earned a nickel more than anticipated, but the revenue and the outlook came in shy. csx chugs along: profits were up 4% as freight volumes rise. larry shover of sfg alternatives gets the ball rolling for us this morning. larry, what is the market telling us about that testimony on capitol hill by fed chair ben bernanke? - it's funny you mention that. i think the next two days we're just going to be on hold. people are so worried about the disconnect between gdp that's being revised downward and the jobs report, so people just don't know what to do with this. perhaps some people thinking that tapering will happen in september, some thinking in december, but people are largely on th
traders will closely listen to his testimony to congress on the economy. they are seeking clues as to when the fed will taper its bond-buying program that's been stimulating the economy. stocks sink ahead of the fed testimony. the dow lost 32 points, the nasdaq 8, and the s&p dropped 7. gold edged up $8 and oil slid 35 cents. yahoo is sending out a mixed message. the tech company earned a nickel more than anticipated, but the revenue and the outlook came in shy. csx chugs along: profits...
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role in the economy bernanke he said that people use it as disaster insurance in the case of a major problem the major problem he's alluding to is hyper inflation but don't expect bernanke to understand that either since he doesn't understand the price of gold peter schiff said as central banker not understanding the price of gold is like driving a car and not understanding the rules of the road the price of gold has been volatile recently and it's important to note that gold is sold in two forms electronically and on the spot price on gold coins it's one price the gold can also be sold electronically and these prices closely mirror each other and addition there is speculation that electronic prices of gold is used to manipulate the price of physical gold the federal reserve and other central banks have leased their gold to commercial banks like j.p. morgan chase when they do this the gold isn't actually transferred to the banks it stays with the fed and everything is done electronically or in paper the bank then turns around and sell it the paper promised gold for a profit this mark
role in the economy bernanke he said that people use it as disaster insurance in the case of a major problem the major problem he's alluding to is hyper inflation but don't expect bernanke to understand that either since he doesn't understand the price of gold peter schiff said as central banker not understanding the price of gold is like driving a car and not understanding the rules of the road the price of gold has been volatile recently and it's important to note that gold is sold in two...
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Aug 7, 2013
08/13
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CNBC
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eye 60
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like these, where many stocks do trade-off on big-picture so-called macrodata about the broader global economy, instead of what's known as the micro. macro still rules. when it's good, they go higher. when it's bad, they go lower. it's all too easy to assume that a company and its stocks are synonymous. we see this all the time. a stock gets pulverized, we assume something must be wrong with the underlying company. why else would the stock be why else would the stock be pounded. or on the flip side, when a stock surges, we assume the company has been doing something special, something right. that's simply not how markets work, people. often, shares of a company's stock will have big moves, up or down, for reasons that have absolutely nothing to do with the underlying business. that's okay. happens all the time. and it doesn't mean the market is crazy or irrational. but what's irrational is believing there will always be a straight line, a lock step between the performance of a company and performance of a stock. there would be no mad money if there were. isn't that the way the market should wo
like these, where many stocks do trade-off on big-picture so-called macrodata about the broader global economy, instead of what's known as the micro. macro still rules. when it's good, they go higher. when it's bad, they go lower. it's all too easy to assume that a company and its stocks are synonymous. we see this all the time. a stock gets pulverized, we assume something must be wrong with the underlying company. why else would the stock be why else would the stock be pounded. or on the flip...
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done is this is been sort of a sterilization process they've been taking money liquidity out of the economy through these interest on accessories or payments and that sort of balanced out the amount of money that they've pumped into the economy ok but what happens when short term rates go up to say five percent so if interest rates were to go up to five percent then the fed would also have to increase interest payments on these excess reserves and you can imagine what would happen because they don't want all this money suddenly going out into the economy so they need to increase that payment. if it goes up to five percent and they would be paying foreign banks more than fifty billion dollars over here that's just the current levels and that's i mean that it should be going to the u.s. taxpayers putatively yes that is correct well let me we have this guy alan grayson and he was a member of congress and he raised the riot act in front of bernanke and he basically said there were five hundred billion dollars half a trillion dollars in foreign bank liquidity stops swaps that went to these forei
done is this is been sort of a sterilization process they've been taking money liquidity out of the economy through these interest on accessories or payments and that sort of balanced out the amount of money that they've pumped into the economy ok but what happens when short term rates go up to say five percent so if interest rates were to go up to five percent then the fed would also have to increase interest payments on these excess reserves and you can imagine what would happen because they...
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find out what's really happening to the global economy with mike stronger or a no holds barred look at the global financial headlines tune into kaiser report on our. interview. well but i will only react to situations as i have read the reports and let the players know i will leave them to the state department to comment on your latter point a month or so it's six am a car is on the docket. no more weasel words. when you made a direct question be prepared for a change when you run should be ready for a battle for the top speeds and down the street into question. he. says. millions of sim cards are at risk of being hacked in mere minutes thanks to a bug which could leave personal data on phones wide open to anybody who wants it. every fifth victim of u.s. drone strikes in pakistan is a civilian a leaker paul deals another blow to america's claims that only militants are being targeted. and the think tank in britain is sounding be alert over the widening gap between the rich and poor welfare cuts and leading to speeded up.
find out what's really happening to the global economy with mike stronger or a no holds barred look at the global financial headlines tune into kaiser report on our. interview. well but i will only react to situations as i have read the reports and let the players know i will leave them to the state department to comment on your latter point a month or so it's six am a car is on the docket. no more weasel words. when you made a direct question be prepared for a change when you run should be...
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is it possible to navigate economy with all the details to just get information and media hype will keep you up to date by decoding the mainstream have stated it's been your right. coming up on r t the us has been pressuring foreign governments to not help n.s.a. whistleblower edward snowden but how would the u.s. react to extradition requests from other countries will tell you the answer to that coming up. here is after the end of the iraq war the nation still carries scars from that time one of those wounds is the increase in the rocky birth defects and cancer cases all report on the toxic legacy left behind and thanks to goldman sachs the cost of aluminum is going off the investment group is hoarding piles of the commodity we'll tell you how that works later on today show. it's monday july twenty second fun.
is it possible to navigate economy with all the details to just get information and media hype will keep you up to date by decoding the mainstream have stated it's been your right. coming up on r t the us has been pressuring foreign governments to not help n.s.a. whistleblower edward snowden but how would the u.s. react to extradition requests from other countries will tell you the answer to that coming up. here is after the end of the iraq war the nation still carries scars from that time one...
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is it possible to navigate the economy with all the details of his diction misinformation and media hype you up to date by decoding the mainstream status it's in your. i've. led. millions of. anyone who wants. every us drone strikes. and the. immigration in the u.k. is widening the wage gap between the rich and poor. leading to.
is it possible to navigate the economy with all the details of his diction misinformation and media hype you up to date by decoding the mainstream status it's in your. i've. led. millions of. anyone who wants. every us drone strikes. and the. immigration in the u.k. is widening the wage gap between the rich and poor. leading to.
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Jul 24, 2013
07/13
by
FBC
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eye 86
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first-time home buying market you throw the housing system into chaos and that is not somethin this economy can afford. melissa: christopher, i will give you the last word. what is wrong with having a private equity gup bing a bunch of homes, that have been foreclosed, fixing them up to rent them for affordable price why is that not something we value in society? >> i tell you why. middle class america as he already said tk a big hit over the last housing downturn. there was unprecedented portunity for that group of people to make money back with the current housing market rally. five years of telling banks they are more or less liable and culpable for any default in the mortgage front, lo and behd yohave ver tight credit markets which are holding a lot ofeople back from being able to get some of those gains. to me that's a real shame. melissa: yeah. >> so we do need to do something about the credit marts no doubt about it, to help first-time buyers sure, but ultimately, it shouldn't be this policy priority is all i'm tryi to say. melissa: great points on both side. great debate you guys. a
first-time home buying market you throw the housing system into chaos and that is not somethin this economy can afford. melissa: christopher, i will give you the last word. what is wrong with having a private equity gup bing a bunch of homes, that have been foreclosed, fixing them up to rent them for affordable price why is that not something we value in society? >> i tell you why. middle class america as he already said tk a big hit over the last housing downturn. there was unprecedented...
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162
Oct 18, 2013
10/13
by
KICU
tv
eye 162
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so what kind of signs are you seeing with the economy right now? > >the industrial packaging part has been a little bit soft. the reason is our industrial packaging business is tied to industrial gdp. industrial gdp has been very poor in europe where we are highly exposed in that part of the business. this has been a little bit sluggish in the u.s. so by definition we have not done very well there so far. in food packaging and in food safety, we've been doing quite well because it's mostly for us about meat consumption. and meat consumption in the emerging world has been very strong. especially out of latin america. quite good because we have strong market shares in the u.s. and good also in the eastern part of europe. > >so that's a good growth area for you. > >that's right. > >thank you for coming on the show today. next time bring the bubble wrap though. > >i will. although it is 2% of our sales but it is the legacy of our company. > >and a stress reliever. > >and it's fun. > >very fun. thanks again. coming up...the holiday shopping craze is jus
so what kind of signs are you seeing with the economy right now? > >the industrial packaging part has been a little bit soft. the reason is our industrial packaging business is tied to industrial gdp. industrial gdp has been very poor in europe where we are highly exposed in that part of the business. this has been a little bit sluggish in the u.s. so by definition we have not done very well there so far. in food packaging and in food safety, we've been doing quite well because it's...
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96
Jul 8, 2013
07/13
by
CNBC
tv
eye 96
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, especially in volatile markets like these, many trade off on big picture about the broader global economy rather than what's known as the micro, getting information about the actual individual companies behind the stocks, macro still woouls rules, when it's good, it goes higher, when it's not, it goes lower. we see this play out all the time. a stock gets crushed. we assume something must be wrong, otherwise, why else would the stock be pounded? on the flipside, when it surges, we assume it has to be doing something special, something right. it's simply not how things work. often companies will have big moves, ups or downs. that's okay. it happens all the time. it doesn't mean the market is crazy or irracial. what's irrational, though, is believing there will always business a straight line, a lock step between the performance of the company, there wouldn't be "mad money." we wouldn't have much to explain. shouldn't stocks trade based on changes in the stocks in the 81 lying company. isn't that the way the markets should work when it isn't broken? do we spend time analyzing companies, fig
, especially in volatile markets like these, many trade off on big picture about the broader global economy rather than what's known as the micro, getting information about the actual individual companies behind the stocks, macro still woouls rules, when it's good, it goes higher, when it's not, it goes lower. we see this play out all the time. a stock gets crushed. we assume something must be wrong, otherwise, why else would the stock be pounded? on the flipside, when it surges, we assume it...
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Jul 29, 2013
07/13
by
KICU
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eye 100
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economy improves, college enrollment is dropping. in 2012, new student enrollment fell 2%, the largest decline in two decades. in some cases, adults who returned to school during the recession are back at work. the new york times says for-profit and community colleges are those affected most. however, this fall nonprofit schools are expected to see declines that could continue for years. ivy league schools will likely see no impact. greece appears to be making progress with budget cuts. european union officials are expected to approve the latest bailout for greece today. next on the calendar, a meeting in athens this fall with officials determining whether the greek government is on track to meet its 2015 budget. organized labor is appealing to the white house and congress to save the pensions of retired city workers threatened by detroit's bankruptcy filing. our cover story takes a look at what's next, including a chance that motown may become no-town. in the 1950's, detroit was america's fifth largest city, with 1.8 million residen
economy improves, college enrollment is dropping. in 2012, new student enrollment fell 2%, the largest decline in two decades. in some cases, adults who returned to school during the recession are back at work. the new york times says for-profit and community colleges are those affected most. however, this fall nonprofit schools are expected to see declines that could continue for years. ivy league schools will likely see no impact. greece appears to be making progress with budget cuts....
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60
Jun 19, 2013
06/13
by
FBC
tv
eye 60
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overall it has been down, they are cost-cutting it will help the bottom line, economy showing some life. if you have been on a plane they are jam-packed. neil: how can that be pleasant? jared, i know you don't know what commercial flying is, but how can it be pleasant? >> i am just not, i am a new pilot. i fly privately. neil: listen to you. >> no, no, i wish i could live the life captain of a major airline 30 years ago. you get on a plane now, it is like a cattle ride, we have gotten okay with that, but i don't think that buying an airline is a good investment, they are bound by the price of oil, they are cutting costs yes, they are making planes more fuel efficient, but again this is predicattd on oil, and communication that changes. neil: but, do you buy that people are happier with this experience, i do not. >> no. neil: i think they are interviewing zombies. >> the plane is full. neil: you could have a blaine full of zombies. >> no matter what you carry, buy the stock, demand it there. >> okay. >> housing starts? you have who to wonder -- you have to wonder with latest housing data
overall it has been down, they are cost-cutting it will help the bottom line, economy showing some life. if you have been on a plane they are jam-packed. neil: how can that be pleasant? jared, i know you don't know what commercial flying is, but how can it be pleasant? >> i am just not, i am a new pilot. i fly privately. neil: listen to you. >> no, no, i wish i could live the life captain of a major airline 30 years ago. you get on a plane now, it is like a cattle ride, we have...
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55
May 12, 2013
05/13
by
CSPAN2
tv
eye 55
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but going to spill over in the economy. that's going to fundamentally undermine confidence and i'm not trying to paint a story at doom or gloom, which it is. i'm trying to get the honest truth of about the budget doomsday machine. second is the fed is a maker. they do untested. but what is considered to be wacky as recent as 1990 that she might've taken the pole upon. they are expanding the balance sheets the balance sheet simplified so fast. they are so deeply involved in all the financial markets that interest rates have been destroyed. wall street today is nothing but a casino that is frontrunning entreating what the feds may do in there for the fun or good is the greatest bubble ever created and when it explodes come a huge problem on a pin. the political parties have failed. i say may book basically they become glorified whose job is to introduce politicians to money and the political action committee and the other mechanisms of getting reelected. the party stand for nothing or if they do have worth in the platform the
but going to spill over in the economy. that's going to fundamentally undermine confidence and i'm not trying to paint a story at doom or gloom, which it is. i'm trying to get the honest truth of about the budget doomsday machine. second is the fed is a maker. they do untested. but what is considered to be wacky as recent as 1990 that she might've taken the pole upon. they are expanding the balance sheets the balance sheet simplified so fast. they are so deeply involved in all the financial...
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is supposed to flow through the banks and into the economy the real economy and you would see wage price inflation you'd have seen it years ago but the unfortunately the banks put on essentially a prophylactic around the real economy so that nothing can get out there's no ability for the central bank to inseminate the real economy with a quantitative easing release because of the prophylactic this been put in place by banks think banking terrace as i call them and therefore you have no wage increase whatsoever there's no growth not nine months not ever there's no economic babies that are being consummated as a result of quantitative easing because of this wall this put in place by the banks to take that money that's being printed by the central bank and they give it back to the central bank and they just put it back in the central bank and they make money on the money they borrow. so it's a complete bastardisation upside down addition of all that we consider holy in the room of economics unless the motive it's a repudiation of common sense and there's such a ploy to me this example for a
is supposed to flow through the banks and into the economy the real economy and you would see wage price inflation you'd have seen it years ago but the unfortunately the banks put on essentially a prophylactic around the real economy so that nothing can get out there's no ability for the central bank to inseminate the real economy with a quantitative easing release because of the prophylactic this been put in place by banks think banking terrace as i call them and therefore you have no wage...
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111
May 10, 2013
05/13
by
CNBC
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eye 111
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who play with the economy willie geist nilly. learning about companies isn't an all or nothing proposition. i don't think familiarizing yourself with a company should ever be dismissed as less than useful just because it doesn't immediately translate into immediate profit and remember, ultimately, as i said at the top of this special show, stocks do tend to drift back into line with where they deserve. they do sink, ul matly. given how the underlying companies are doing. in addition to know, pertinent things about a business, you can assume your stock will probably end up within a certain price range, but you got to wait long enough. you got to let it percolate. on top of that, as long as you keep up with the home, you have a good, clean way to decide whether or not to the cut your losses in a stock that isn't working. and that's an incredibly valuable tool. especially when you claw your way back if your stock went down because of a typical mark sell-off. you need to know enough whether you should be a buyer, you need to know whe
who play with the economy willie geist nilly. learning about companies isn't an all or nothing proposition. i don't think familiarizing yourself with a company should ever be dismissed as less than useful just because it doesn't immediately translate into immediate profit and remember, ultimately, as i said at the top of this special show, stocks do tend to drift back into line with where they deserve. they do sink, ul matly. given how the underlying companies are doing. in addition to know,...
65
65
Mar 30, 2013
03/13
by
CSPAN2
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eye 65
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he argues that they are bad for our economy. this is about an hour and 10 minutes. >> thank you for having me here. thank you for having me on c-span. i appreciate c-span being here. your college dean commie so much about writing. the thing that he thought that was most important is that you have to put passion in your writing. you can't just be a boring person. he actually does that and i have to tell you that it is the one thing that blew my mind. if you think that i will put you to sleep, you should try reading hegel. this ended with a passionate love scene. it is something that scott hegel wrote about. if you can turn a philosopher's dry words into a love scene, well, you can write with passion. i have never forgotten, that, mike. okay, we are dealing with tonight -- let me see if i can get this going here. why write a book like this? well, what is trying to do i'm trying to raise fundamental questions about how economic values produce really. what what is it that they do that is so valuable? >> the second thing is the root
he argues that they are bad for our economy. this is about an hour and 10 minutes. >> thank you for having me here. thank you for having me on c-span. i appreciate c-span being here. your college dean commie so much about writing. the thing that he thought that was most important is that you have to put passion in your writing. you can't just be a boring person. he actually does that and i have to tell you that it is the one thing that blew my mind. if you think that i will put you to...
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Aug 7, 2013
08/13
by
CNBC
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the fed is debating, the bond market is fairly clear about what has to happen and it'sage -- if the economy is good enough, nobody can avoid starting the taper. just won't be able to do it. if it goes weak, nobody can start tweeting. the real authority is not the 12,000 reserve, it's the free market, lahti fair workings of the. >> we also want to stop hearing all this communication. why is the constant communication from not only the fed chairman but various other fed speakers harming the market in your view? >> well, you know, maybe i'm getting old, mandy, but i remember too well the volcker days of the '80s and the greenspan days. volcker were just take a bite out of cigar spit and make a decision. he wouldn't tell us why he did or who voted know. now we've got this fed, you know, talk a take a poll. they have 12 twauking 12 ways out of their job. that's creating, trare ining gr parentsy. i think it's creating for uncertainty and it's hurting confidence. you get the sthaens there's no leader in charge like there used to be in the good old days. to the markets, i see you are still very def
the fed is debating, the bond market is fairly clear about what has to happen and it'sage -- if the economy is good enough, nobody can avoid starting the taper. just won't be able to do it. if it goes weak, nobody can start tweeting. the real authority is not the 12,000 reserve, it's the free market, lahti fair workings of the. >> we also want to stop hearing all this communication. why is the constant communication from not only the fed chairman but various other fed speakers harming the...
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went into a slowdown so what economy slowdown the fact that you're trying to pretend that it didn't go into a slowdown is making the situation much much worse you are putting at risk the entire global economy and that's because of all these camels out there that there are all these secret you know losses on these books that only the regulators are allowed to know the command and control that we see devastating economies around the world now and causing panic and that's why panic post is a perfect guy to be in charge of the central banking system as all these and secret information came out and now you know we guarding this this all the secret information alexis goldstein on her tweet pointed out very interesting referred back to two thousand and twelve february thirteenth and this is a note from j.p. morgan on the volcker rule that they submitted to the senate why they shouldn't have the volcker rule they said quote the proposed rule appears to presume that banking entities will camouflage prohibited proprietary trading to evade the rule and that extraordinary efforts are necessary
went into a slowdown so what economy slowdown the fact that you're trying to pretend that it didn't go into a slowdown is making the situation much much worse you are putting at risk the entire global economy and that's because of all these camels out there that there are all these secret you know losses on these books that only the regulators are allowed to know the command and control that we see devastating economies around the world now and causing panic and that's why panic post is a...
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Apr 30, 2013
04/13
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CNBC
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we watched the world economy slow down during 2012. we decided particularly in europe we needed to work there to streamline our operations. we got that tone done. that plus all thework we're going to integrate as you mentioned our $13 billion acquisition of cooper. those are areas where we can make a difference in terms of productivity and efficiency and new products we bring to customers to solve power management problems. that's how we think you manage through these kinds of periods of slower growth. >> you bring up a good point. the analysts didn't talk about it. i told stephanie link, my parter in for action alerts. what are you capable of doing now that you have cooper that you couldn't to before? there wasn't a lot of overlap. there was a lot of expansion. you took a big part of this market. you must be able to create new products with these two companies together. >> absolutely. electrical becomes 60% of our total revenues. you saw the strong performance you mentioned from the two segles we reported our electrical business in. t
we watched the world economy slow down during 2012. we decided particularly in europe we needed to work there to streamline our operations. we got that tone done. that plus all thework we're going to integrate as you mentioned our $13 billion acquisition of cooper. those are areas where we can make a difference in terms of productivity and efficiency and new products we bring to customers to solve power management problems. that's how we think you manage through these kinds of periods of slower...
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Jan 17, 2013
01/13
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and the fed said in its beige book, the economy expanded across much of the country last month, but hiring was hampered by politcial uncertainty coming from washington. todd horwitz of the adam mesh trading group joins us on this thursday morning. good morning to you. a lot of traders are talking 1475 in the s&p 500. what is it going to take to get there? > > good morning. you know, we're close. right now the markets are in a tug of war between the bears and the bulls. they are trying to get to that level. yesterday morning we had big boxcar earnings from j.p. morgan and goldman sachs. that was not enough to propel the markets through those levels. i think the market anticipated a lot of this good news ahead of time. so i think we are going to languish around here. you can see by the falling volatility and the complacent markets that we are probably a little ways away from pushing through that level. > what about citigroup and bank of america, which are now going to report in? > > i think those earnings will probably be just like j.p. morgan and goldman sachs. i think they will probably be
and the fed said in its beige book, the economy expanded across much of the country last month, but hiring was hampered by politcial uncertainty coming from washington. todd horwitz of the adam mesh trading group joins us on this thursday morning. good morning to you. a lot of traders are talking 1475 in the s&p 500. what is it going to take to get there? > > good morning. you know, we're close. right now the markets are in a tug of war between the bears and the bulls. they are trying...
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find out what's really happening to the global economy with mike stronger for a no holds barred look at the global financial headlines tune in to conjure reports . we're not psyched to have active camp at guantanamo where patients are forced that in the aftermath of our strike never turn the world's attention to the point that some. of our time it's. coming up on our teens shocking revelations about the n.s.a. the agency is accused of reading the e-mails of the former president of mexico. the n.s.a. is also accused of looking at millions of french phone records more details on the latest ahead and some of the children from overseas are brought to the u.s. with hopes of a better life but that's not always the case some of those children are given up sometimes to total strangers online r t takes a look at the underground adoption network coming up. and professor petraeus the former general and head of the cia is joining another college but not everyone is happy he's joining us now that story later in the show.
find out what's really happening to the global economy with mike stronger for a no holds barred look at the global financial headlines tune in to conjure reports . we're not psyched to have active camp at guantanamo where patients are forced that in the aftermath of our strike never turn the world's attention to the point that some. of our time it's. coming up on our teens shocking revelations about the n.s.a. the agency is accused of reading the e-mails of the former president of mexico. the...
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find out what's really happening to the global economy with mike's concert for a no holds barred look at the global financial headlines kaiser reports. mission. critical three. four charges three. three. three stooges free. download free broadcast quality video for your media projects free media. cries for energy independence are nothing new each president over the past forty years has made a plea for it here's richard nixon during his one thousand nine hundred seventy four state of the union address. he will break the back of the energy price we will lay the foundation for our future capacity to meet america's energy needs from america's own resource. recently the international energy agency estimated that non opec oil producers such as the us canada and kazakhstan will add to supplies by the most since the one nine hundred seventy s. but it seems every source of energy brings its own sort of baggage whether it's nuclear energy natural gas fracking or even petroleum earlier i spoke with. chief energy investment strategist at casey research and i first asked him about his outlook on y
find out what's really happening to the global economy with mike's concert for a no holds barred look at the global financial headlines kaiser reports. mission. critical three. four charges three. three. three stooges free. download free broadcast quality video for your media projects free media. cries for energy independence are nothing new each president over the past forty years has made a plea for it here's richard nixon during his one thousand nine hundred seventy four state of the union...
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Jul 16, 2013
07/13
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what exactly do you mean to our economy? >> one of the things we are seeing is that consumer spending is only increasing to the extent that it has to in order to accommodate higher prices. people have to get to work so they buy gasoline. they have to replace their older cars. the prices are up a lot. so what do they do? expanding content unless money on other stuff. the economy we are seeing, slowing to about 1%. half of what it was. people simply don't have any money to spend on other stuff. gerri: that is just so disappointing. because that is not a real recovery. i have seen far better recovery than not. i remain concerned about inflation. i know what you need your bottom line. what are the indicators? were the things that you would be watching to say, oh, to round around the corner, you need to be prepared. >> i think of the fed doesn't faze down quantitative easing, i think we are in some content for some very heavy inflation. most of it has been in housing that has gone up much more than incomes can support, largely on
what exactly do you mean to our economy? >> one of the things we are seeing is that consumer spending is only increasing to the extent that it has to in order to accommodate higher prices. people have to get to work so they buy gasoline. they have to replace their older cars. the prices are up a lot. so what do they do? expanding content unless money on other stuff. the economy we are seeing, slowing to about 1%. half of what it was. people simply don't have any money to spend on other...
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economy the very same thing debts that were. created through large banks are being pushed into the public sector for the public to suffer through austerity so if the argentinean model is in the u.s. and that's why it's important we are thoughts yeah well and in both my books they'll just picnic and really isabella paris is exactly the point i've been making the things that were that were basically tested in the third world on argentina and equity and been brought home the difference is that the origin times have learned their lesson they've been caught up with those debts were forced on the arjen times by military dictatorship so what happened is that of citibank made loans so all kinds of argentine companies and the military during the dictatorship then the i.m.f. and the banks in the u.s. government force argentina to take on its public debt the debts of these bogus companies of these of these connected operation i going to cut it off their route of time but that be on again soon the new book from great palaces billionaires an
economy the very same thing debts that were. created through large banks are being pushed into the public sector for the public to suffer through austerity so if the argentinean model is in the u.s. and that's why it's important we are thoughts yeah well and in both my books they'll just picnic and really isabella paris is exactly the point i've been making the things that were that were basically tested in the third world on argentina and equity and been brought home the difference is that the...
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find out what's really happening to the global economy with max concert for a no holds barred look at the global financial headlines tune in to kaiser report on our. welcome back to cross talk where all things are considered peter lavelle two minute we're discussing capitalism in crisis. ok fred i think back to something was mentioned earlier that you know rich people have socialism in poor people of capitalism. you know what yeah the i get mad that that's the argument out there but in fact if you look at the list of the richest people if you look at the children of the largest corporations that america over the last century massive amount of churning from decade to decade going up and going down americans are fairly tolerant of creative destruction the realisation that the old has to give way to the more efficient more affordable products for more people than one thing happened in two thousand and eight believe that didn't happen in the two thousand and eight did it they had that's right that's right they have to believe it's done fairly and when they see government keeping people ar
find out what's really happening to the global economy with max concert for a no holds barred look at the global financial headlines tune in to kaiser report on our. welcome back to cross talk where all things are considered peter lavelle two minute we're discussing capitalism in crisis. ok fred i think back to something was mentioned earlier that you know rich people have socialism in poor people of capitalism. you know what yeah the i get mad that that's the argument out there but in fact if...
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Jul 16, 2013
07/13
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i mean, it really depends on how things evolve in the economy. this safer bet is to get a little bit of each. >> for me have already voted with my feet. i put it in the non bank sector. the big guys, it's faster than the commercial banks. still very small. the media is not paying attention. debt non-bank sector is or you will see the most growth. liz: good to see you both. right now not committing to any money. still holding on to all of its shares. thank you. good to see you. closing bell, about 50 minutes away. that is when a guy who reports earnings. in the 4:00 p.m. eastern hour. peter cohen weighing in on why one year to the day after saw special seesaw swashbuckling c. emerson meyers joined the firm, why she is still less approved. we take a look at how many people in the finance industry would break a law for extra cash if they knew there would not get caught. no way. they would not get caught. you'll be shocked at the numbers. we are still saying if you don't get caught it's fine. i want to make things more secure. [ whirring ] [ dog bark
i mean, it really depends on how things evolve in the economy. this safer bet is to get a little bit of each. >> for me have already voted with my feet. i put it in the non bank sector. the big guys, it's faster than the commercial banks. still very small. the media is not paying attention. debt non-bank sector is or you will see the most growth. liz: good to see you both. right now not committing to any money. still holding on to all of its shares. thank you. good to see you. closing...
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Jun 24, 2013
06/13
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FBC
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economy's picking up. if the u.s. economy is picking up, you don't need the fed standing providing the additional support to it, and pulling out of with the early comment of raising rates, and, of course, that hurts financial institutions, and there's one of the challenges that we have, which ones do well, which do badly when rates rise. liz: okay. what are the banks that you feel -- which are the best you feel are positioned to rise in an interest rising environment to absorb that, and most importantly, is there a stock undaunted by that? >> well, actually, it's more than the banks; right? charles scwhab, you have a brokerage account, cash is dripping off the account, well, that pool of cash in your account is not worth a lot when interest rates are zero, but a lot when they rise. for charles, that's a source of profitability, and if that model, we can also think of pension funds with cash dripping off the funds. now, that is the custodial bank, bank of trust, and when rates rise, the net interest is going to increas
economy's picking up. if the u.s. economy is picking up, you don't need the fed standing providing the additional support to it, and pulling out of with the early comment of raising rates, and, of course, that hurts financial institutions, and there's one of the challenges that we have, which ones do well, which do badly when rates rise. liz: okay. what are the banks that you feel -- which are the best you feel are positioned to rise in an interest rising environment to absorb that, and most...
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stacey that's basically the global economy the global financial system of course now this guy new hampshire man loses his life savings on carnival game is he was henry gribbohm and he lost his life savings of twenty six hundred dollars on this game where i guess you had to put this ball into a hole and he wanted to win a bigger prize but what he found is that when he practiced he says it was easy but something changed when he started playing for the prize and the balls kept popping out it's not possible that it wasn't rigged said graham if you were observing the situation if you were in a situation where you saw it was rigged. go away or would you say hey i'm going to try to win my money back that i've just lost right well this is part of economics and behavioral economics and what wall street and other brokers and bankers prey on is on the fallibility of the human psyche that is prone to emotionally get involved in a situation where they're losing money in a rigged market and they are blinded to the rigging they only have an emotional reaction that they want to get their money back so they
stacey that's basically the global economy the global financial system of course now this guy new hampshire man loses his life savings on carnival game is he was henry gribbohm and he lost his life savings of twenty six hundred dollars on this game where i guess you had to put this ball into a hole and he wanted to win a bigger prize but what he found is that when he practiced he says it was easy but something changed when he started playing for the prize and the balls kept popping out it's not...
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Aug 10, 2013
08/13
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COM
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i travel around my state, i can tell you the economy hasn't recovered. small businesses are still needing lending. we haven't seem seen the growth that we need. and in the broader issues, a lot of families are struggling more than you could even know. so you're looking at things like the minimum wage. you have people who are literally working 40 hours a week and earning less than the poverty level. and it's that kind of injustice that makes this issue even more striking. >> okay. but help me understand the relationship between banks and politicsment because on the ven diagram of that you are right in the middle of that. because you are the number one recipient of money from goldman and sacks. jpmorgan with your number two corporate donor over the last five years, what i deeply want to know is what do you have to do for that? what is required of you for that money? because it makes me uncomfortable. >> my job is to represent new york and to do what's right for people. my job is to be a voice for people who don't have a voice in washington. that's why i ta
i travel around my state, i can tell you the economy hasn't recovered. small businesses are still needing lending. we haven't seem seen the growth that we need. and in the broader issues, a lot of families are struggling more than you could even know. so you're looking at things like the minimum wage. you have people who are literally working 40 hours a week and earning less than the poverty level. and it's that kind of injustice that makes this issue even more striking. >> okay. but help...
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and will do well again once we get past says idiocy of trying to go a mixed economy but don't blame capitalism for the fact that we don't have as much as we need rachel way and go ahead you've been patient go ahead. yeah. it's it's not like capitalism can't exist alongside the state. it's just that the problem is the inverse of that the problem is when the state jumps on a product of capitalism to tax it or to regulate it i mean we did quite well as a society without all the regulations we see now i mean it's just grown exponentially but i guess and i think it goes back to a cultural shift i think there was a time when you could do business on a handshake when hard work was the norm when people got up every day and went to work and didn't spend all their time protesting in front of the capitol because they you know they are complaining about the fact that their life isn't what they think it should be instead of getting out and trying to fix it and using their brain and they're able body and to do something for themselves and i think that's that's the issue it's the inverse it's not
and will do well again once we get past says idiocy of trying to go a mixed economy but don't blame capitalism for the fact that we don't have as much as we need rachel way and go ahead you've been patient go ahead. yeah. it's it's not like capitalism can't exist alongside the state. it's just that the problem is the inverse of that the problem is when the state jumps on a product of capitalism to tax it or to regulate it i mean we did quite well as a society without all the regulations we see...
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Mar 8, 2013
03/13
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CNBC
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the economy is better despite them! >> why do you sit there and cover the interest rate markets if they don't matter? if lower interest rates are insignificant -- >> markets do matter. the fed matters less. >> what are you doing there, there, twiddling your thumbs, i don't think so? >> give me a break. apologist for the fed. why do you stick up for these -- >> i'm not sticking up for anything. >> experimentation. >> saying what the policy is and the reason for the policy, and over four years, rick, i've yet to hear a better answer from you. >> this economy doesn't need wise men from ivory towers. >> we'll let you go at this point, but we just did notice, at least you guys are wearing the same suit today so you agree on something. good to see you both. you did not disappoint. >> thank you, guys. have a good weekend. >> heading towards the close with 40 minutes left and we're heading higher again. the dow was up 83 points. that euphoric rally on the open this morning following the jobs number, it has since pulled back but
the economy is better despite them! >> why do you sit there and cover the interest rate markets if they don't matter? if lower interest rates are insignificant -- >> markets do matter. the fed matters less. >> what are you doing there, there, twiddling your thumbs, i don't think so? >> give me a break. apologist for the fed. why do you stick up for these -- >> i'm not sticking up for anything. >> experimentation. >> saying what the policy is and the...
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Jul 9, 2013
07/13
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maybe it won't protect you from the whims of children in washington, d.c., who play with the economy willy nilly, our the debt issues in europe or our own country. learning about companies is an all or nothing proposition. i don't think familiarizing yourself should be dismissed as less than useful because it doesn't immediately translate into immediate profit. remember, ultimately as i said at the top of the special show, stocks do tend to drift back into line with where they deserve. they sink, so in addition to knowing a lot of pertinent things about a business, you can assume your stock will probably end up within a certain price range. you got to wait long enough. you got to let it percolate. on top of that, as long as you keep up with the homework, you have a clean way to decide to cut your losses in a stock that isn't working. that's an incredibly valuable tool, especially when you claw your way back at it if the stock went down. you need to know enough to figure out whether you should be a buyer, you need to know whether opportunity is really knocking or is your head about to
maybe it won't protect you from the whims of children in washington, d.c., who play with the economy willy nilly, our the debt issues in europe or our own country. learning about companies is an all or nothing proposition. i don't think familiarizing yourself should be dismissed as less than useful because it doesn't immediately translate into immediate profit. remember, ultimately as i said at the top of the special show, stocks do tend to drift back into line with where they deserve. they...
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capitalism when you have less of it than you had before we were doing well when we were a capitalist economy and will do well again once we get passes idiocy of trying to go a mixed economy but don't blame capitalism for the fact that we don't have as much as we need. way and go ahead you've been patient go ahead yeah. it's it's not like capitalism can't exist alongside the state. it's just that the problem is the inverse of that the problem is when the state jumps on a product of capitalism to tax it or to regulate it i mean we did quite well as a society without all the regulations we see now i mean it's just growing exponentially but i guess and i think it goes back to a cultural shift i think there was a time when you could do business on a handshake when hard work was the norm when people got up every day and went to work and didn't spend all their time protesting in front of the capitol because they you know they are complaining about the fact that their life isn't what they think it should be instead of getting out and trying to fix it and use using their brain and they're able body a
capitalism when you have less of it than you had before we were doing well when we were a capitalist economy and will do well again once we get passes idiocy of trying to go a mixed economy but don't blame capitalism for the fact that we don't have as much as we need. way and go ahead you've been patient go ahead yeah. it's it's not like capitalism can't exist alongside the state. it's just that the problem is the inverse of that the problem is when the state jumps on a product of capitalism to...